ZF English
Source:
http://www.zfenglish.com
Found 18957 news
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ZF English - 21:24 Feb 25, 2025
Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023, and net profit of RON2.5 million, down 67% on the year, considering that the prolonged impact of the caps in the motor third party liability (MTPL) insurance sector eroded the company’s revenues. -
ZF English - 20:44 Feb 25, 2025
Engineering and tech group Simtel Team, leader in the field of renewable energy in Romania, reported net profit of RON36.7 million in 2024, up 35% against 2023, as per the preliminary financial report. -
ZF English - 20:21 Feb 25, 2025
Chimcomplex (CRC.RO), the largest chemical producer in Romania, with two sites - in Onesti and Ramnicu Valcea, has called shareholders to approve among others an up to EUR60 million loan from any sources, banking and non-banking, and the sale of non-core assets up to EUR20 million, it said in a report to the Bucharest Stock Exchange. -
ZF English - 19:05 Feb 25, 2025
Cupio, the Romanian cosmetics brand launched by entrepreneurs Raluca and Razvan Stefanescu 13 years ago, ended 2024 with a turnover of EUR22.8 million, at a group level, up 9.5% year-over-year, and a network of 25 physical stores nationwide. -
ZF English - 16:16 Feb 25, 2025
The Peris Group, which consists of Abatorul Peris SA and its subsidiaries, Cathedral Distribution SRL and Policalita SRL, posted more than RON700 million revenue in 2024, 12% higher than in 2023, the group said. -
ZF English - 15:36 Feb 25, 2025
On the 12th edition of the Bucharest Stock Exchange (BVB) Awards, the Bucharest Stock Exchange has granted 20 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2024. -
ZF English - 14:31 Feb 25, 2025
NAGA, a fintech listed on the Frankfurt Stock Exchange, has announced the integration of shares listed on the Bucharest Stock Exchange into its investment platform. -
ZF English - 12:00 Feb 25, 2025
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR1.75 billion, as per data from real estate consulting firm Cushman & Wakefield Echinox. -
ZF English - 10:23 Feb 25, 2025
Romania M&A market in 2024 registered one of the highest levels of the past five years, reveals a Deloitte Romania analysis, reporting 151 deals of above EUR5 million, with a total estimated value of EUR5.7-6.1 billion. -
ZF English - 09:59 Feb 25, 2025
The number of plane tickets sold via Vola.ro platform rose by 49% in 2024, with the value of deals topping EUR135 million, while the company’s turnover reached EUR23 million, up 31% from 2023. -
ZF English - 09:52 Feb 25, 2025
New house deliveries dropped by 15% last year nationwide and by over 20% in Bucharest, while demand rose by 7%, reveals Colliers annual report. -
ZF English - 09:19 Feb 25, 2025
Romania private lending in January 2025 rose by 8.8% from the year-earlier period, to RON418.6 billion, after local currency loans went up by 10.9% and foreign currency ones advanced by 4.1%, in line with central bank data. -
ZF English - 08:43 Feb 25, 2025
ESX, a platform known for aggregating sports and fitness services, has announced a EUR600,000 investment in the development of PTN.esx.ro (Personal Trainer Network), the digital extension dedicated to personal trainers, nutritionists, kineto and physio therapists. -
ZF English - 08:34 Feb 25, 2025
Footprints AI, a Romanian company that has developed an AI-based retail platform, has attracted a EUR2.3 million investment for international expansion and tech development acceleration. -
ZF English - 07:56 Feb 25, 2025
Raiffeisen Bank Romania, the sixth largest bank by assets, generated RON1.67 billion net profit in 2024, close to the 2023 level, while the bank’s assets rose by 17% to over RON82 billion. -
ZF English - 07:45 Feb 25, 2025
Entrepreneur Sorin Bratila, who owns Public Solar of Buzau, a company providing energy solutions, will invest around EUR20 million in a plant manufacturing aluminum profiles for the photovoltaic system and constructions industries. -
ZF English - 07:30 Feb 25, 2025
The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8% from 2023, in line with NBR data. -
ZF English - 22:00 Feb 24, 2025
Craiova-based Softronic, a company specializing in the manufacture of new rail vehicles and in upgrading existing ones, has obtained a license to operate in Serbia, the fifth country where Transmontana locomotives are licensed for use with freight trains, Softronic said in a press release. -
ZF English - 21:20 Feb 24, 2025
Clothing manufacturer Secuiana, based in Targu Secuiesc, Covasna County, estimates RON55 million (EUR11 million) revenue for 2025, up by about 8% compared with 2024, according to ZF calculations based on data supplied by the company. -
ZF English - 21:03 Feb 24, 2025
METRO Romania, one of the leading actors in the local grocery trade, ended 2024 with more than 10% increase in sales, in line with the performance of the last few years.
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